电投能源(002128) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥6,843,970,382.32, a decrease of 4.57% compared to ¥7,171,528,574.94 in the same period last year[3] - Net profit attributable to shareholders was ¥1,617,411,584.81, representing an increase of 6.96% from ¥1,512,095,465.70 year-on-year[3] - Net profit for the current period is approximately ¥1.74 billion, a decrease of 9.49% from ¥1.92 billion in the previous period[14] - Basic earnings per share increased to ¥0.81 from ¥0.79 in the previous period, reflecting a growth of 2.53%[15] Cash Flow - The net cash flow from operating activities decreased by 29.43% to ¥1,351,633,950.48 from ¥1,915,421,976.86 in the previous year[3] - Cash inflow from operating activities totaled approximately ¥5.70 billion, down 17.49% from ¥6.91 billion in the previous period[16] - The net cash flow from operating activities for Q1 2023 was CNY 1,351,633,950.48, a decrease of 29.4% compared to CNY 1,915,421,976.86 in Q1 2022[17] - The total cash outflow from investing activities was CNY 1,184,749,861.42, significantly higher than CNY 353,794,273.72 in the same period last year[17] - The net cash flow from financing activities reached CNY 4,118,435,214.00, a substantial increase from CNY 225,723,651.26 in Q1 2022[17] - The cash inflow from financing activities was CNY 5,327,699,594.42, compared to CNY 2,707,500,000.00 in the previous year, indicating a growth of 96.5%[17] - The cash outflow for debt repayment was CNY 1,123,936,598.99, down from CNY 2,385,361,309.00 in Q1 2022, reflecting a decrease of 53.9%[17] - The net increase in cash and cash equivalents for Q1 2023 was CNY 4,285,317,422.41, compared to CNY 1,787,351,317.17 in Q1 2022, marking a growth of 139.5%[17] Assets and Liabilities - Total assets at the end of the reporting period reached ¥48,941,611,628.59, an increase of 22.38% from ¥39,991,571,053.62 at the end of the previous year[3] - The company's total assets reached CNY 48.94 billion, an increase from CNY 42.12 billion at the beginning of the year, representing a growth of approximately 16.6%[10] - The company's total liabilities reached CNY 15.75 billion, compared to CNY 14.81 billion at the beginning of the year, showing an increase of 6.3%[12] - The equity attributable to shareholders of the parent company increased to CNY 29.24 billion from CNY 23.49 billion, representing a growth of 24.6%[12] Investments and Income - The company reported an investment income of ¥26,355,545.56, a significant increase of 1937.49% year-on-year, attributed to profits from an associated company[7] - Investment income increased significantly to approximately ¥26.36 million from ¥1.29 million in the previous period, reflecting a growth of 1,943.36%[14] Operational Metrics - The company's cash and cash equivalents increased by 230.51% to ¥6,144,343,432.32, primarily due to funds raised from a private placement of shares[5] - Accounts receivable increased by 77.27% to ¥2,708,747,764.48, mainly due to an increase in coal receivables[5] - The total current assets increased to CNY 13.46 billion, up from CNY 7.43 billion, marking an increase of 81.1%[11] - The company's inventory decreased to CNY 1.52 billion from CNY 1.80 billion, indicating a reduction of 15.4%[11] - The company's short-term borrowings increased by 105.16% to ¥1,030,910,461.12, primarily for financing structure adjustments and payment of advances[5] - The company reported a short-term loan of CNY 1.03 billion, which increased from CNY 502.50 million at the beginning of the year, reflecting a growth of 105.5%[12] - The company's long-term borrowings decreased to CNY 8.06 billion from CNY 8.28 billion, showing a decline of 2.6%[12] Research and Development - Research and development expenses amounted to approximately ¥1.94 million, indicating ongoing investment in innovation[14] Other Financial Metrics - The weighted average return on equity decreased to 5.53% from 7.13% year-on-year, a decline of 1.60%[3] - Financial expenses decreased significantly to approximately ¥55.68 million from ¥92.07 million in the previous period, a reduction of 39.52%[14] - Tax expenses for the current period were approximately ¥309.57 million, down from ¥348.09 million in the previous period, a decrease of 11.06%[14] - Other comprehensive income attributable to the parent company showed a loss of approximately ¥1.24 million, compared to a gain of ¥0.20 million in the previous period[15] Future Plans - The company has plans for market expansion and new product development, although specific figures and timelines were not disclosed in the report[11] Audit Status - The company did not conduct an audit for the Q1 2023 report[18]